Shares of Studds Accessories are set to make its Dalal Street debut on Friday, November 07 as the leading helmet manufacturer may deliver mild listing gains to the investors, if one goes by the latest signals from the unofficial market. However, its listing prospects have taken a big hit after weak listing of Orkla India and selling in broader markets on Thursday. Advertisement
Ahead of its listing, Studds Accessories has seen a sharp correction in its grey market premium (GMP). Last heard, the company was commanding a premium of Rs 40-45 in the unofficial market, suggesting a listing pop of 7-8 per cent for the investors. The GMP stood around Rs 70-75 during the bidding phase.
The IPO of Studds Accessories was open for subscription between October 30-November 03. It had offered its sha

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